Baghdad Russian President Vladimir Putin discussed with Saudi Crown Prince Mohammed bin Salman, today, Monday, cooperation within the framework of the OPEC + group, to maintain the stability of oil prices.
Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, in what is known as OPEC +, are scheduled to hold an online meeting on Wednesday.
Two delegates in OPEC + told Reuters today, Monday, that the group’s joint ministerial monitoring committee is likely to recommend maintaining the current oil production policy.
Russian oil production seemed to be steadfast so far in the face of the imposed Western sanctions, after Moscow sent its forces to Ukraine on February 24, 2022, and Western countries imposed a ceiling on its prices in December.
Source: National Iraqi News Agency